Case No. FNK-2016-327937-1 [Application included in Original PDF]

Date issued: Apr. 01 2016

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TURBOFAC Commentary (3113 words)

Notes:

[Update: on May 17, 2021, the FNKSR were modernized to bring its text in line with that of the typical set of blocking regulations. The change was non-substantive. See comments to 598.202. The below has not been amended to reflect the May 17, 2021 amendments to the FNKSR]

1) For general background on the case to which this guidance pertains, see the first part of the comments to Case No. FNK-2015-324389-1.

2) For comments on the specific licenses referred to in the letter, see License No. FNK-2015-323524-1, License No. FNK-2015-323572-1 and License No. FNK-2015-324386-1, comments thereto, also discussed in further detail below.

3) THE "INTEREST" and "BLOCKING" DETERMINATIONS

The application (attached in original PDF file) requests that OFAC confirm three points on the scope of its...